From Financial Modeling Prep: 2025-04-16 16:07:00

Prologis (NYSE:PLD) met first-quarter expectations, forecasting steady growth through 2025 amidst economic uncertainty. Earnings hit $0.63 per share, with revenue at $2.14 billion, slightly higher than estimates. Core FFO stood at $1.42 per share, while occupancy dipped to 94.9%. Despite challenges, Prologis remains optimistic, citing limited supply and rising construction costs for future growth. The company reaffirmed its 2025 guidance, expecting net earnings per share of $3.45 to $3.70 and core FFO per share between $5.65 and $5.81, with occupancy between 94.5% and 95.5%.



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